Dear users,

212 Leveraged Tokens such as TOKEN5S are currently traded on AscendEX with less than 0.1 USDT in share value, meanwhile 5 Leveraged Tokens such as ZRX5L is traded on on AscendEX with high price in share value, which negatively impact price precision and trading simplicity. To improve users’ experience in trading leveraged tokens, AscendEX will conduct a share merge for 212 Leveraged Tokens such as TOKEN5S and a share split for 5 Leveraged Tokens such as ZRX5L at 2:30 p.m. UTC on Apr.16. After this share merge & split, the number of the leveraged token shares held by users and the unit value per share will change, but the total value of users’ holdings will not change (without considering value changes caused by market fluctuations).

1.Below you will find how we will conduct the merge: 

Leveraged Token

Merge Ratio

Net Value（NAV）Change

Positions Change

TOKEN5S

10000:1

NAV*10,000

Positions/10,000

OM3S

1000:1

NAV*1,000

Positions/1,000

YGG3S

100:1

NAV*100

Positions/100

KEY5S

100:1

NAV*100

Positions/100

HIGH5S

100:1

NAV*100

Positions/100

ANKR5S

100:1

NAV*100

Positions/100

AGIX5S

100:1

NAV*100

Positions/100

RVN5S

100:1

NAV*100

Positions/100

NEAR5S

100:1

NAV*100

Positions/100

BOND5S

100:1

NAV*100

Positions/100

JOE5S

100:1

NAV*100

Positions/100

ONDO3S

100:1

NAV*100

Positions/100

AR5S

100:1

NAV*100

Positions/100

ORBS5S

10:1

NAV*10

Positions/10

BCH5S

10:1

NAV*10

Positions/10

CFX5S

10:1

NAV*10

Positions/10

FTM3S

10:1

NAV*10

Positions/10

FET3S

10:1

NAV*10

Positions/10

FTM5S

10:1

NAV*10

Positions/10

WIF3S

10:1

NAV*10

Positions/10

STX5S

10:1

NAV*10

Positions/10

MKR5S

10:1

NAV*10

Positions/10

SSV3S

10:1

NAV*10

Positions/10

TON3S

10:1

NAV*10

Positions/10

GALA5S

10:1

NAV*10

Positions/10

SATS5L

10000:1

NAV*10,000

Positions/10,000

GLMR5L

1000:1

NAV*1,000

Positions/1,000

ZRX5L

1000:1

NAV*1,000

Positions/1,000

BIGTIME5L

1000:1

NAV*1,000

Positions/1,000

TRB5L

1000:1

NAV*1,000

Positions/1,000

BONK5L

1000:1

NAV*1,000

Positions/1,000

ROSE5L

1000:1

NAV*1,000

Positions/1,000

RUNE5L

1000:1

NAV*1,000

Positions/1,000

WOO5L

1000:1

NAV*1,000

Positions/1,000

KEY5L

1000:1

NAV*1,000

Positions/1,000

AUDIO5L

1000:1

NAV*1,000

Positions/1,000

STORJ5L

1000:1

NAV*1,000

Positions/1,000

OMG5L

1000:1

NAV*1,000

Positions/1,000

CTSI5L

1000:1

NAV*1,000

Positions/1,000

BLUR5L

1000:1

NAV*1,000

Positions/1,000

CELO5L

1000:1

NAV*1,000

Positions/1,000

CFX5L

1000:1

NAV*1,000

Positions/1,000

MAGIC5L

1000:1

NAV*1,000

Positions/1,000

ID5L

1000:1

NAV*1,000

Positions/1,000

SNX5L

1000:1

NAV*1,000

Positions/1,000

LPT5L

1000:1

NAV*1,000

Positions/1,000

ZEN5L

1000:1

NAV*1,000

Positions/1,000

PEOPLE5L

1000:1

NAV*1,000

Positions/1,000

RATS3L

1000:1

NAV*1,000

Positions/1,000

UNI5L

1000:1

NAV*1,000

Positions/1,000

MAV5L

1000:1

NAV*1,000

Positions/1,000

KSM5L

1000:1

NAV*1,000

Positions/1,000

WLD5L

1000:1

NAV*1,000

Positions/1,000

SUI5L

1000:1

NAV*1,000

Positions/1,000

LDO5L

1000:1

NAV*1,000

Positions/1,000

ADA5L

1000:1

NAV*1,000

Positions/1,000

1INCH5L

1000:1

NAV*1,000

Positions/1,000

LINK5L

1000:1

NAV*1,000

Positions/1,000

MEME5L

100:1

NAV*100

Positions/100

SUSHI5L

100:1

NAV*100

Positions/100

CHR5L

100:1

NAV*100

Positions/100

ZIL5L

100:1

NAV*100

Positions/100

ORDI5L

100:1

NAV*100

Positions/100

HOT5L

100:1

NAV*100

Positions/100

BAND5L

100:1

NAV*100

Positions/100

POWR5L

100:1

NAV*100

Positions/100

ALPHA5L

100:1

NAV*100

Positions/100

MINA5L

100:1

NAV*100

Positions/100

INJ5L

100:1

NAV*100

Positions/100

ATOM5L

100:1

NAV*100

Positions/100

CHZ5L

100:1

NAV*100

Positions/100

ARB5L

100:1

NAV*100

Positions/100

CRV5L

100:1

NAV*100

Positions/100

ENS5L

100:1

NAV*100

Positions/100

RDNT5L

100:1

NAV*100

Positions/100

WAVES5L

100:1

NAV*100

Positions/100

BEAMX5L

100:1

NAV*100

Positions/100

MANA5L

100:1

NAV*100

Positions/100

REN5L

100:1

NAV*100

Positions/100

HBAR5L

100:1

NAV*100

Positions/100

MAVIA3L

100:1

NAV*100

Positions/100

ZEC5L

100:1

NAV*100

Positions/100

FLM5L

100:1

NAV*100

Positions/100

LOOM5L

100:1

NAV*100

Positions/100

C985L

100:1

NAV*100

Positions/100

SHIB5L

100:1

NAV*100

Positions/100

LUNC5L

100:1

NAV*100

Positions/100

BOND5L

100:1

NAV*100

Positions/100

ORDI3L

100:1

NAV*100

Positions/100

STX5L

100:1

NAV*100

Positions/100

XLM5L

100:1

NAV*100

Positions/100

LINA5L

100:1

NAV*100

Positions/100

GRT5L

100:1

NAV*100

Positions/100

MAGIC3L

100:1

NAV*100

Positions/100

ACE5L

100:1

NAV*100

Positions/100

BAKE3L

100:1

NAV*100

Positions/100

ONE5L

100:1

NAV*100

Positions/100

THETA5L

100:1

NAV*100

Positions/100

LRC5L

100:1

NAV*100

Positions/100

DYDX3L

100:1

NAV*100

Positions/100

FXS5L

100:1

NAV*100

Positions/100

KLAY5L

100:1

NAV*100

Positions/100

EGLD5L

100:1

NAV*100

Positions/100

JOE5L

100:1

NAV*100

Positions/100

CAKE5L

100:1

NAV*100

Positions/100

TIA5L

100:1

NAV*100

Positions/100

FIL5L

100:1

NAV*100

Positions/100

PEOPLE3L

100:1

NAV*100

Positions/100

MBL5L

100:1

NAV*100

Positions/100

WOO3L

100:1

NAV*100

Positions/100

KAVA5L

100:1

NAV*100

Positions/100

RVN5L

100:1

NAV*100

Positions/100

PYTH5L

100:1

NAV*100

Positions/100

FLOW5L

100:1

NAV*100

Positions/100

GALA5L

100:1

NAV*100

Positions/100

AGLD5L

100:1

NAV*100

Positions/100

DYDX5L

100:1

NAV*100

Positions/100

APE3L

100:1

NAV*100

Positions/100

SSV5L

100:1

NAV*100

Positions/100

MANTA3L

100:1

NAV*100

Positions/100

APT5L

100:1

NAV*100

Positions/100

FLM3L

100:1

NAV*100

Positions/100

AXS5L

100:1

NAV*100

Positions/100

LQTY5L

100:1

NAV*100

Positions/100

MASK5L

100:1

NAV*100

Positions/100

DOT5L

100:1

NAV*100

Positions/100

ETC5L

100:1

NAV*100

Positions/100

TOKEN5L

100:1

NAV*100

Positions/100

ANKR5L

100:1

NAV*100

Positions/100

PORTAL3L

100:1

NAV*100

Positions/100

ILV5L

100:1

NAV*100

Positions/100

ACH5L

100:1

NAV*100

Positions/100

LTC5L

100:1

NAV*100

Positions/100

GMT3L

100:1

NAV*100

Positions/100

ENS3L

100:1

NAV*100

Positions/100

DYM3L

100:1

NAV*100

Positions/100

AAVE5L

100:1

NAV*100

Positions/100

AMB3L

100:1

NAV*100

Positions/100

GLM3L

100:1

NAV*100

Positions/100

ICX3L

100:1

NAV*100

Positions/100

EOS5L

100:1

NAV*100

Positions/100

ZEN3L

100:1

NAV*100

Positions/100

KAS3L

100:1

NAV*100

Positions/100

AEVO3L

100:1

NAV*100

Positions/100

HOOK5L

100:1

NAV*100

Positions/100

BAND3L

100:1

NAV*100

Positions/100

SNT5L

100:1

NAV*100

Positions/100

SAND5L

100:1

NAV*100

Positions/100

METIS3L

100:1

NAV*100

Positions/100

KLAY3L

100:1

NAV*100

Positions/100

XAI3L

100:1

NAV*100

Positions/100

MASK3L

100:1

NAV*100

Positions/100

LQTY3L

100:1

NAV*100

Positions/100

MATIC5L

100:1

NAV*100

Positions/100

PHB3L

100:1

NAV*100

Positions/100

KSM3L

100:1

NAV*100

Positions/100

HIGH5L

100:1

NAV*100

Positions/100

AGIX5L

100:1

NAV*100

Positions/100

FTM5L

100:1

NAV*100

Positions/100

NFP3L

100:1

NAV*100

Positions/100

AI3L

100:1

NAV*100

Positions/100

APT3L

100:1

NAV*100

Positions/100

ICX5L

100:1

NAV*100

Positions/100

ALGO5L

100:1

NAV*100

Positions/100

SAND3L

100:1

NAV*100

Positions/100

ORBS5L

100:1

NAV*100

Positions/100

RNDR5L

100:1

NAV*100

Positions/100

GMX3L

100:1

NAV*100

Positions/100

KNC3L

100:1

NAV*100

Positions/100

SOL5L

100:1

NAV*100

Positions/100

SFP5L

100:1

NAV*100

Positions/100

MAV3L

100:1

NAV*100

Positions/100

API33L

100:1

NAV*100

Positions/100

CELR5L

100:1

NAV*100

Positions/100

CYBER3L

100:1

NAV*100

Positions/100

SXP5L

10:1

NAV*10

Positions/10

LUNC3L

10:1

NAV*10

Positions/10

LDO3L

10:1

NAV*10

Positions/10

NEAR5L

10:1

NAV*10

Positions/10

EOS3L

10:1

NAV*10

Positions/10

FLOW3L

10:1

NAV*10

Positions/10

MYRO3L

10:1

NAV*10

Positions/10

DOGE5L

10:1

NAV*10

Positions/10

AR5L

10:1

NAV*10

Positions/10

PIXEL3L

10:1

NAV*10

Positions/10

DODO3L

10:1

NAV*10

Positions/10

SNX3L

10:1

NAV*10

Positions/10

SHIB3L

10:1

NAV*10

Positions/10

ATOM3L

10:1

NAV*10

Positions/10

AUCTION3L

10:1

NAV*10

Positions/10

ZETA3L

10:1

NAV*10

Positions/10

C983L

10:1

NAV*10

Positions/10

VANRY3L

10:1

NAV*10

Positions/10

BLUR3L

10:1

NAV*10

Positions/10

COMP3L

10:1

NAV*10

Positions/10

ONE3L

10:1

NAV*10

Positions/10

EDU3L

10:1

NAV*10

Positions/10

XLM3L

10:1

NAV*10

Positions/10

SUSHI3L

10:1

NAV*10

Positions/10

STRK3L

10:1

NAV*10

Positions/10

ID3L

10:1

NAV*10

Positions/10

TRX5L

10:1

NAV*10

Positions/10

HOT3L

10:1

NAV*10

Positions/10

GAS3L

10:1

NAV*10

Positions/10

PEPE3L

10:1

NAV*10

Positions/10

DOT3L

10:1

NAV*10

Positions/10

SEI3L

10:1

NAV*10

Positions/10

BNT3L

10:1

NAV*10

Positions/10

PERP3L

10:1

NAV*10

Positions/10

ALT3L

10:1

NAV*10

Positions/10

OCEAN3L

10:1

NAV*10

Positions/10

TNSR3L

10:1

NAV*10

Positions/10

 

2.Below you will find how we will conduct the split: 

Leveraged Token

Split Ratio

Net Value（NAV）Change

Positions Change

KSM5S

1:10

NAV/10

Positions*10

BIGTIME5S

1:10

NAV/10

Positions*10

CTSI5S

1:10

NAV/10

Positions*10

ENS3S

1:10

NAV/10

Positions*10

ACE5S

1:10

NAV/10

Positions*10

Notes：

1. The net value during the merge & split will be the basis for net value calculation.
2. The name, abbreviation and trading pairs of the leveraged token shares will remain the same after the merge & split .
3. Before the merge & split , AscendEX will temporarily suspend these leveraged token trading markets and cancel any open orders.
4. After the merge & split are completed, AscendEX will resume these leveraged token trading markets. Please note, the price will fluctuate around the new unit value after the split. Users should pay close attention when placing their orders.
5. As the net value of leveraged products is highly volatile, it’s possible that some of the above leveraged products may not be conducted a share merge & split . AscendEX will reserve the right at any time in its sole discretion to modify, change or cancel the merge & split for any reason.

Please read FAQs on AscendEX Leveraged Tokens to learn more. 

Risk Disclosure: Leveraged tokens are a type of high-risk financial derivative. Please be sure to have a full understanding of the products, as well as the rebalancing mechanism, holding costs and other basic principles before trading. The above information is not investment advice. Investors should be cautious and pay attention to risk management while trading.

Upon the share merge & split finished, AscendEX will resume the above leveraged token's trading immediately, and no further announcement will be made. 

Thank you for your continued support! 

The AscendEX Team

Website: https://ascendex.com
Twitter: https://twitter.com/ETF_Options
Telegram Group: https://t.me/AscendEX_Leveraged_Tokens